Nomura Holdings adjusts Laser Digital's risk strategy to reduce short-term volatility
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Nomura Holdings stated that the risk and position limit adjustments in its Laser Digital division are aimed at reducing short-term earnings volatility, and do not signify an exit from the crypto sector. Previously, Laser Digital posted a loss in the third quarter, causing Nomura Holdings’ profits to decline by 9.7%, mainly due to the liquidation of over $19 billion in crypto leveraged positions during the flash crash in October. Nomura Holdings emphasized that Laser Digital’s risk controls performed as expected amid recent market turbulence, and believes the weak quarterly performance was due to the inherent volatility of the crypto market, rather than a loss of confidence in digital assets or fundamental issues.
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